Common use of Loan Disbursements Clause in Contracts

Loan Disbursements. Tenant agrees and acknowledges that in making disbursements of the Loan, Lender is under no obligation or duty to, nor has Lender represented that it will, see to the application of the Loan proceeds by the person or persons to whom Lender disburses the Loan proceeds, and any application or use of the Loan proceeds for purposes other than those provided for in the Loan Documents shall not defeat in whole or in part the agreements set forth herein.

Appears in 5 contracts

Samples: Nondisturbance and Attornment Agreement (Wilshire Financial Services Group Inc), Nondisturbance and Attornment Agreement (Websense Inc), Lease (Broadvision Inc)

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Loan Disbursements. Tenant agrees and acknowledges that in making disbursements of the Loan, Lender is under no obligation or duty toduty, nor has Lender represented that it will, see to the application of the Loan proceeds by the person or persons to whom Lender disburses the Loan proceeds, and any application or use of the Loan proceeds for purposes other than those provided for in the Loan Documents shall not defeat in whole or in In part the agreements set forth herein.

Appears in 1 contract

Samples: Nondisturbance and Attornment Agreement (Realnames Corp)

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